{"id":28168,"date":"2026-04-09T07:27:00","date_gmt":"2026-04-09T06:27:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=28168"},"modified":"2026-04-09T08:27:47","modified_gmt":"2026-04-09T07:27:47","slug":"bittensor-tao-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bittensor-tao-analysis\/","title":{"rendered":"Bittensor (TAO) analysis: Can it break $350 in April?"},"content":{"rendered":"\n

Has the AI Leader Been Found?<\/h2>\n\n\n\n

The cryptocurrency market <\/a>is experiencing renewed momentum, and the artificial intelligence (AI) sector is leading the charge. According to recent data, the TAO<\/a><\/strong> token has recorded an impressive social spike of<\/strong> 141%,<\/strong> reflecting a sudden surge in investor enthusiasm. This explosion in media attention coincides with a broader outperformance of AI-related tokens<\/a> this month compared to the rest of the market.<\/p>\n\n\n\n

\"TAO<\/figure>\n\n\n\n

Currently trading in a range between $300 and $344<\/strong>, TAO is showing a slight retracement<\/strong> of around 5% over the past 24 hours. This pause follows a strong bullish surge from Bitcoin, fueled in part by recent developments in the Middle East conflict. <\/p>\n\n\n\n

However, the impact of this social spike is twofold for the ecosystem. On one hand, it attracts a fresh wave of liquidity from retail investors driven by FOMO. On the other hand, it raises the question of a genuine sector rotation, where capital shifts away from other narratives to focus on decentralized AI infrastructure.<\/p>\n\n\n\n

Is Bittensor’s (TAO) Key Support in Danger?<\/h2>\n\n\n\n

From a technical analysis<\/strong> perspective, TAO is currently in a highly critical consolidation phase. After testing the major resistance<\/strong> zone of $345 to $350,<\/strong> the price faced expected selling pressure, triggering a short-term correction<\/strong>. The immediate support<\/strong> level now sits within the $294 to $300<\/strong> range.<\/p>\n\n\n\n

\"TAO<\/figure>\n\n\n\n

Indeed, TAO faced a rejection at its 7H order block<\/strong>, signaling that smart money<\/strong> is actively defending this area. This creates a crucial resistance level that must be broken to reignite the short-term uptrend. The long-term outlook remains encouraging for TAO, provided the $200<\/strong> mark holds as support.<\/p>\n\n\n\n

\"TAO<\/figure>\n\n\n\n

Looking lower, TAO has two key support levels to monitor: the LTF POC at $313<\/strong> and the major daily POC at $286<\/strong>. These are two critical bounce zones where TAO’s price needs to react upward to confirm that buying interest remains strong. <\/p>\n\n\n\n

Preserving the psychological threshold of $286<\/strong> is vital to maintaining the current bullish<\/strong> market structure. If buyers successfully defend this area, it will confirm that the recent pullback is merely a healthy market correction before the next upward impulse. Momentum indicators, such as the RSI<\/strong>, recently flirted with overbought territory, justifying this temporary cool-off.<\/p>\n\n\n\n

However, traders cannot completely rule out a bearish<\/strong> scenario. A clean breakdown below $280 could trigger a cascade of liquidations in the derivatives market, where leverage remains high. In such an event, TAO risks sliding toward lower levels, thereby delaying the resumption of its bull run.<\/a><\/p>\n\n\n\n

How High Can TAO’s Price Go After This Breakout?<\/h2>\n\n\n\n

If the capital rotation into AI is confirmed, TAO holds substantial upside potential in the coming weeks. To validate a genuine breakout<\/strong>, the price must decisively breach and close above the $350 sell wall. Such a technical breakout would pave the way toward the next major target around $404, the upper boundary of a daily order block.<\/p>\n\n\n\n

The current social hype, coupled with growing institutional interest, provides fertile ground for a new bullish rally<\/strong>. Investors will be keeping a close eye on trading volumes over the next few days to confirm the strength of the move. A significant spike in volume during bounce phases would serve as a strong buy signal for trend followers.<\/p>\n\n\n\n

As the artificial intelligence sector continues to outperform the broader crypto market, a key question remains for traders. Is this correction<\/strong> the perfect opportunity to accumulate before the next surge, or has the market already priced in the good news?<\/p>\n\n\n\n

Sources:<\/strong><\/p>\n\n\n\n